Q2 EPS Estimate for Diamondback Energy Lifted by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG) – Research analysts at Zacks Research increased their Q2 2025 EPS estimates for Diamondback Energy in a research note issued to investors on Monday, March 17th. Zacks Research analyst N. Choudhury now forecasts that the oil and natural gas company will earn $3.10 per share for the quarter, up from their previous estimate of $3.04. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share.

Diamondback Energy (NASDAQ:FANG) last announced its earnings results on Tuesday, February 25th. The oil and natural gas company reported $3.64 earnings per share for the quarter, beating the consensus estimate of $3.57 by $0.07. The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.55 billion. Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%.

A number of other analysts have also recently weighed in on FANG. Raymond James dropped their target price on shares of Diamondback Energy from $245.00 to $214.00 and set a “strong-buy” rating on the stock in a report on Wednesday, March 12th. Royal Bank of Canada reissued an “outperform” rating and set a $210.00 target price on shares of Diamondback Energy in a report on Thursday, January 23rd. Barclays dropped their target price on shares of Diamondback Energy from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Diamondback Energy from $212.00 to $167.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Finally, The Goldman Sachs Group started coverage on shares of Diamondback Energy in a report on Monday, December 2nd. They set a “buy” rating and a $227.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Diamondback Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $209.92.

Diamondback Energy Trading Up 0.6 %

FANG opened at $158.48 on Thursday. The stock has a market capitalization of $45.87 billion, a PE ratio of 9.07, a P/E/G ratio of 1.24 and a beta of 1.85. The firm’s fifty day moving average price is $160.80 and its 200 day moving average price is $170.76. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.45 and a quick ratio of 0.42. Diamondback Energy has a 12-month low of $137.09 and a 12-month high of $214.50.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, March 6th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Thursday, March 6th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $0.90. Diamondback Energy’s dividend payout ratio is currently 25.32%.

Insider Activity at Diamondback Energy

In other Diamondback Energy news, Director Frank D. Tsuru acquired 2,000 shares of Diamondback Energy stock in a transaction dated Friday, February 28th. The stock was bought at an average price of $156.51 per share, for a total transaction of $313,020.00. Following the transaction, the director now owns 5,730 shares in the company, valued at approximately $896,802.30. This trade represents a 53.62 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Diamondback Energy

Several large investors have recently made changes to their positions in the business. 111 Capital purchased a new stake in Diamondback Energy during the fourth quarter valued at about $248,000. Thoma Capital Management LLC purchased a new stake in Diamondback Energy during the fourth quarter valued at about $640,000. Wealth Enhancement Advisory Services LLC lifted its stake in Diamondback Energy by 145.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,162 shares of the oil and natural gas company’s stock valued at $6,416,000 after buying an additional 23,191 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its stake in Diamondback Energy by 6.5% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 1,758 shares of the oil and natural gas company’s stock valued at $288,000 after buying an additional 108 shares in the last quarter. Finally, PKO Investment Management Joint Stock Co purchased a new stake in Diamondback Energy during the fourth quarter valued at about $901,000. Institutional investors own 90.01% of the company’s stock.

Diamondback Energy Company Profile

Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.